This course is an introduction to the analysis of core issues in economic development. It is an applied course that tackles major real work problems faced by policy makers especially in developing countries. The course combines description and analysis with an emphasis on the elaboration of simple and useful theoretical models for an understanding of the issues that comprise the subject of development economics. Its aim is to provide students with some foundational analytic tools for addressing core problems associated with economic development today while drawing on some experiences from developing economies.

On completion of this unit you should be able to:

• demonstrate a sound understanding of the theoretical principles and conceptual arguments for dealing with key issues in economic development

• demonstrate the capacity to apply the analytical methodology learned to the real world situation

• gain a clear understanding of the key issues with respect to government economic policy aimed at enhancing economic development

• evaluate the role, strengths and limitations of various kinds of institutions which exist in many developing countries

• demonstrate the capacity to carry out research on a topic explaining the cross-country differences in economic growth performance in developing countries.

Weekly tutorial preparation (10%)
Essay outline (1 page, 5%)
Essay (2500 words, 30%)
Exam (3 hours, 55%)

A two-hour lecture and one hour tutorial per week for 13 weeks

Office hours run from 2 to 4 pm on Friday afternoon

Economic principles including micro- and macro-economics

Economics of Development: Theory and Evidence by A. P. Thirlwall (Palgrave Macmillan, the Ninth Edition, 2011).

Delivery Mode:

Offered in Semester One on campus.